Thames Valley Housing Association (TVHA) unaudited consolidated results for the year ended 31 March 2021.
The TVHA group (trading as Metropolitan Thames Valley), one of the UK s leading providers of affordable housing and care and support services, announces unaudited consolidated results for the year ended 31 March 2021. These results may be subject to further adjustments, most notably in respect of pension costs and property valuations.
Headlines · Total Revenue £446m, down 4% (2020: £465m). · 923 new homes completed (2020: 1,022 homes) of which 704 (2020: 781) were affordable. · Strong liquidity position with around £790m of available cash and facilities. · Net debt to EBITDA 10.5x (2020: 12.1x). · S&P credit rating A- (stable outlook).
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